Credit union members are more willing to pull out their plastic post-pandemic, but the industry can still gain ground with wallet share.
Home prices reached record highs last year. They have since come down slightly but are still well above pre-pandemic rates. Here’s how things look state by state.
Federal student loan payments resume in October, increasing the monthly debt load by hundreds of dollars for many borrowers.
Inflation has eased during the past year, but the efficiency ratio is heating up.
With liquidity still a top concern, credit unions are shifting their focus to find more ways to draw in additional sources of funding.
Credit card delinquencies have reached a post-recession high; meanwhile, first mortgage delinquencies have hit an all-time low. What gives?
The key factor in the credit union industry’s ongoing auto loan growth might be difficult — and costly — to sustain.
An amended rule on public unit and nonmember shares provides new sources of liquidity for federally insured credit unions.
Ongoing interest rate increases have driven credit unions to raise dividend payouts to keep funds in-house.
As the market shifts and borrowing costs rise, adjustable-rate home loans are becoming popular once again.
Alltru FCU stopped treating education as the end goal. Now, financial empowerment guides product design, access, and risk decisions.
More than 50 million U.S. households earn less than the minimum average income needed to cover basic costs of living.
Automatic enrollment and community partnerships help the credit union foundation expand access to early savings for underserved families.
Studies show credit card debt and Buy Now, Pay Later usage continue to rise. Bigger increases could be around the corner.
The credit union completed a three acre headquarters campus in 2021 that offers 52% more space while consuming a fraction of the resources. It’s a model of how cooperatives can lead on sustainability without sacrificing performance.
CDFI credit unions might be fewer in number, but their impact reaches millions of members, and their footprint highlights how targeted mission can translate into broad, measurable reach.
Preventable fraud losses quietly erode credit union margins. The difference between a 25% and 6% loss rate isn’t risk. It’s execution.
Holy Rosary Credit Union has embedded itself into a local high school’s career and technical education program, offering scholarships, internships, and courses eligible for college credit.
Credit union leaders want to know where peers are placing their focus. These six priorities reflect how leadership teams are responding to change with intention and clarity.
As margin support begins to fade, earnings performance is becoming more sensitive to revenue mix and harder to interpret through public reporting alone.